IN BRIEF: Unit trust sales down again

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The Independent Online
Unit trust sales down again

Net sales of unit trusts fell again in April to pounds 525m from pounds 532m in March, compared with pounds 993m in April 1994. Net retail sales rebounded from pounds 316m in March to pounds 361m in April. Net PEP sales in April were pounds 372m compared with pounds 443m in March, the last full month of the tax year.